One of the problems with pooling-of-interests accounting is that it results, more often than not, in an understatement of assets.

Name: One of the problems with pooling-of-interests accounting is that it results, more often than not, in an understatement of assets.
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Pooling-of-interests accounting combines the book values of the assets of the merging companies, which can lead to an understatement if the fair market value of the assets is higher than the book value.

One of the Problems with Pooling-Of-Interests Accounting Is That It